Common use of Subsequent Acquisition Transaction Clause in Contracts

Subsequent Acquisition Transaction. The Company agrees with BCE that in the event the Offeror takes up and pays for Common Shares under the Offer, it will assist the Offeror in any use by the Offeror of the compulsory acquisition provisions of Section 206 of the Canada Business Corporations Act (the "CBCA"), if available, (a "Compulsory Acquisition") and will assist BCE and the Offeror in connection with any proposed amalgamation, statutory arrangement, merger, capital reorganization, consolidation, recapitalization or other transaction of or involving the Company and BCE, the Offeror or another affiliate of BCE (a "Subsequent Acquisition Transaction") to acquire the remaining Common Shares, provided that the consideration offered in connection with the Subsequent Acquisition Transaction is at least equivalent in value to the consideration offered under the Offer.

Appears in 1 contract

Sources: Support Agreement (Bce Inc)

Subsequent Acquisition Transaction. The Company agrees agreement with BCE that in the event the Offeror takes up and pays for Common Shares under the Offer, it will assist the Offeror in any use by the Offeror of the compulsory company acquisition provisions of Section 206 of the Canada Business Corporations Act (the "CBCA"), if available, (a "Compulsory Acquisition") and will assist BCE and the Offeror in connection with any proposed amalgamation, statutory arrangement, merger, capital reorganization, consolidation, recapitalization or other transaction of or involving the Company and BCEBEC, the Offeror or another affiliate of BCE (a "Subsequent Acquisition Transaction") to acquire the remaining Common Shares, provided that the consideration offered in connection with the Subsequent Acquisition Transaction is at least equivalent in value to the consideration offered under the Offer.

Appears in 1 contract

Sources: Support Agreement (Troutt Kenny A)